"Just because you have a bad outcome doesn't mean you can sue, " he says.
It is not enough for a plaintiff in a derivative action to equate a bad outcome with bad faith.
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That is, bettors have given a 70% probability to this bad outcome.
This, according to the Levin report would be a bad outcome.
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Of course, there is a necessary element of market risk here: every bad outcome suffered by an alternative investment fund is not necessarily proof of incompetence or malfeasance.
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But of course, the film never makes things so simple, and so there is a glaring instance when even the carrot produces an unpredictable and very bad outcome.
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Many in Washington I speak to think the Republican party that emerges out of this very bad outcome will be resigned to higher taxes on the richest households.
Monetary debasement sought by the Monetarist School achieves the same bad outcome for discouraging investors and businesses from committing capital to growth concepts that would increase production, and with it demand.
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This infers a bad outcome for owners of cash and debt, a less bad outcome for owners of stocks, and a reasonable outcome for owners of real assets like property and commodities.
But the results were very odd: first, they saw a drop in plasma thiol levels (a drop is a bad outcome, for this study) in patients treated for 2-12 months, from 124 down to 105.
But prospect theory, a field of behavioral economics, tells us that people who have no good options tend to be risk-seeking, because the psychological cost of a bad outcome diminishes the fear of a worse outcome.
That's a pretty bad outcome, I'd say, for those proponents who were predicting they'd pick up at least four more votes this time having won five more Republican seats in the Senate since the last time this was voted on.
The reasonable investor, like the reasonable person in other tort suits, is an invention of the U.S. court system who generally possesses the extra-sensory power to detect, in advance, every bad outcome that might come from a certain course of action.
In the first half of the year, the economy was declining and about 300, 000 teen jobs were lost, an expected outcome ina bad economy.
Since I personally dealt with both of these government offices at high levels during my career, I know this outcome is a bad one.
The outcome is also bad for the producing party because they unwittingly made false representations to the court and the opposing party about the quality of their document production that could have been avoided with more diligence.
But the delayed reaction - from expressing disappointment, to going on television 48 hours later to denounce the outcome as "bad for Britain"' - was not simply because he was irritated by the Eurosceptics, or was under pressure from some in his party for his initially lukewarm response.
In any case, getting rid of bad teachers is obviously a desirable outcome.
For now, then, the most likely outcome would seem to be bad but not awful.
Either method, good or bad management, will produce the same observable outcome.
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Subsidies and taxes, for good or bad, are usually implemented to achieve an outcome presently not revealing itself due to natural market forces.
The research team said the difference in outcome could not simply be explained by bad health habits which could affect the birthweight.
If you wait till you know how bad it is, it becomes harder to change the outcome.
Nobody yet knows how bad the overshoot is, but the government says the outcome could be 8% or more (see chart).
Mohammed Azad, chairman of the Central Scotland Islamic Centre, attended by Siddique, said he hoped the outcome of this case would not have a bad effect on the local Muslim community.
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For many Pakistanis, however, the outcome for the country's favourite game will be bad enough.
For many Pakistanis, however, the outcome for the nation's favourite game will be bad enough.
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